The USD showed some weakness across the board today, but I don’t think you should get too excited about it.

[leadplayer_vid id=”519A81E4367D0″]

The following two tabs change content below.
Winners Edge Trading was founded in 2009 and is working to create the most current and useful Forex information and training available on the internet.

Winner’s Edge Trading, as seen on:

Winner's Edge Trading in the news

  • Kurt

    The EUR is “resilient” only because it’s being ignored. The crosses have been getting the market makers attention lately. A 100 pip stop on the EURO is not a good risk/reward. Looks good on the daily, but drilling down, it’s 90 pips to stop it safely. It’s going to be news driven later this week. I am short EUR/USD out of the current “bear flag” with a 74 pip stop and 130pip reward down to previous lows. Not really on the dollar band wagon here, but the USD/CHF is building a bull flag and I see .9900 coming there.
    Thanks for this space to share,,,,,,

  • Paul

    Good stuff, thanks Nathan
    I too don’t believe the USD has changed from Hero to Zero , just because many pairs have seen support hold today. I perceive this to be a minor correction before continued USD strength

    Finally, I note the GbpNdz has retraced down today, very excited about finding a trade entry ‘trigger’ to get me long on this cross

  • Gt analysis, as always, Nathan. Many thanks.